• Petroleo Brasileiro S.A.- Petrobras average price/book ratio for 2024 was 1.19, a 36.78% decline from 2023.
• Petroleo Brasileiro S.A.- Petrobras average price/book ratio for 2023 was 0.87, a 61.11% increase from 2022.
• Petroleo Brasileiro S.A.- Petrobras average price/book ratio for 2022 was 0.54, a 50% increase from 2021.

Price/book ratio can be defined as